Reported 1 day ago
Cipher Mining Inc. (CIFR) achieved a new all-time high of $8.10 amid increasing Bitcoin enthusiasm, reflecting strong investor sentiment. The company's stock surged by 8.83% by the end of the day, despite V3 Holding Ltd., a major shareholder, selling $8.3 million in shares. Cipher also reported a tripling of net losses in Q2 to $45.78 million but saw revenue growth of 18.37%. Optimism surrounds Cipher's future with the early commencement of hashing at their Black Pearl Phase 1 site.
Source: YAHOO